BARSU REFINERY PROJECT

  • The Maharashtra government started conducting soil testing at Rajapur tehsil’s Barsu village in the coastal Ratnagiri district.
  • To know if the site was suitable for the proposed multi-billion dollar Ratnagiri Refinery and Petrochemicals Limited project which is touted as the world’s largest single location refinery complex.
  • India’s oil refining capacity stood at 251.2 million metric tonnes per annum, making it the second-largest refiner in Asia and the fourth largest in the world.

Barsu refinery project

  • The project is expected to have a capacity of 60 million tonnes per annum.
  • It is a joint venture between Saudi Aramco, Abu Dhabi National Oil Company (ADNOC), Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited.
  • Besides fuel, the project also proposes to develop various downstream petrochemicals to meet India’s fast-growing petrochemical demand.
  • Initially, the project was supposed to come up at Nanar, about 20 kilometres from Barsu but due to strong opposition from the locals, environmental activists the project was denotified in 2019.

SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB

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